48 Sentences With "fund administrator" | Random Sentence Generator

Mr. Mariel declined an interview request via the fund administrator, Veronica A. DeJesus.

Statements were sent late, in emails from Mr. Shkreli rather than from a fund administrator.

"We had one client whose account was just frozen, and they couldn't get the money out," said one Hong Kong fund administrator.

The complaint from Tillage, a commodities investor, alleges SS&C Technologies, its fund administrator, ignored its own protocol, resulting in the lost funds.

Embattled investor Neil Woodford sold his stake in the company earlier this year, and fund administrator Link Fund Solutions owns 13.24% of Purplebricks.

TO) and Colombian investment firm Colpatria are selling their jointly-held pension fund administrator, Colfondos, to Chilean private pension fund manager AFP Habitat (HAB.

Prior settlements on the investors' behalf included a $125 million accord with hedge fund administrator Citco Group, and an $80.3 million accord with Fairfield Greenwich.

Fund administrator SS&C Technologies said the deal would add 250 employees serving more than 130 fund relationships in United States, UK, Singapore and Hong Kong.

LONDON (Reuters) - Investors pulled money out from hedge funds in January following a poor performance across the industry in December, data from hedge fund administrator SS&C GlobeOp showed.

The third-largest ETF issuer, State Street, said it will be the fund administrator and provide accounting services for the Winklevoss ETF if and when it is approved by the SEC.

She's also raising money at a good clip and will have the county parties lined up in her favor in the primary against former United Negro College Fund administrator Tamara Harris.

LONDON, Oct 15 (Reuters) - The fund administrator of Neil Woodford's suspended LF Woodford Equity Income Fund will request formal approval to wind-up the fund, Britain's Financial Conduct Authority said on Tuesday.

LONDON (Reuters) - Fund manager Neil Woodford has criticized a fund administrator decision to close his suspended flagship fund on Tuesday, after a four-month lockdown that has seen values plunge by hundreds of millions of pounds.

David Driver, 59, a self-employed fund administrator who voted for the Brexit Party at an election for the European Parliament in May, said he would only vote for a Conservative Party with Johnson at its helm.

LONDON, Oct 15 (Reuters) - Fund manager Neil Woodford has criticised a fund administrator decision to close his suspended flagship fund on Tuesday, after a four-month lockdown that has seen values plunge by hundreds of millions of pounds.

Denise N. George, the attorney general for the Virgin Islands, said in a recent interview that she did not object to the creation of a restitution fund but wanted the victims to be able choose a fund administrator along with the administrators chosen by the estate.

Relatedly, while Ward says Carta's primary revenue right now is its software subscription business — another revenue stream is the money it's paid by the venture firms that use it as a fund administrator — people who question Carta's fundraising note the people-intensive nature of the kind of work that Carta has been systemizing.

In particular, we were a fund administrator for private equity funds so we thought let's try blockchain technology on the administration of a private equity fund which is an area that frankly has been a slower market if you will, it takes longer for transactions to go from you know signing to actual capital commitment.

State fire investigators earlier this month formally determined PG&E's power lines caused the Camp Fire, the world's most expensive natural disaster of 2018 with overall losses of $16.5 billion, according to reinsurance company Munich Re. Montali said at Wednesday's hearing he wants to see PG&E's proposed fund up and running as quickly as possible and urged the company and committees for its unsecured creditors and wildfire victims to try to agree on a fund administrator in five days.

Admiral Administration was a specialist hedge fund administrator founded in 1996. In 2012 they became the specialist hedge fund administrator for the Maitland Group.

Citco, also known as the Citco Group of Companies and the Curaçao International Trust Co., is a privately owned global hedge fund administrator headquartered in the British Virgin Islands, founded in 1948.Halah Touryalai (April 6, 2011). "Protection Racket," Forbes. It is the world's largest hedge fund administrator, managing over $1 trillion in assets under administration.

Fairfield Greenwich (SDNY 2015) is the major case relating to fund administrator liability for failure to handle its NAV-related obligations properly."The Citco Settlement And What Lies Ahead For PwC," Law360. There, the hedge fund administrator and other defendants settled in 2016 by paying the Anwar investor plaintiffs $235 million. Administrator back office support allows fund managers to concentrate on trades.

It is the world's largest hedge fund administrator. Citco was founded in 1948. In 1965, the Sandoz Family Foundation made a substantial equity investment in Citco."Citco announces change in ownership but remains independent," HedgeWeek, August 8, 2005.

BVI residents are amongst the most affluent in the Eastern Caribbean. Numerous residents from other Caribbean islands also work here. Citco is a privately owned global hedge fund administrator headquartered in Tortolo, founded in 1948.Halah Touryalai (April 6, 2011).

The foundation indicates that its investment policy is oriented towards technological innovation and sustainable development. In 1965, the Sandoz Family Foundation made a substantial equity investment in hedge fund administrator Citco."Citco announces change in ownership but remains independent," HedgeWeek, August 8, 2005.

Boston: Pearson Custom Publishing. . Calculation of the net asset value for a hedge fund, including the calculation of the fund's income and expense accruals and the pricing of securities at current market value, is a core fund administrator task, because it is the price at which investors buy and sell shares in the fund.Guide to Sound Practices for Hedge Fund Administrators The accurate and timely calculation of NAV by the administrator is vital."Sound Practice Guidelines for Administrators of Alternative Funds including Experienced Investor Funds in the Isle of Man" In 2003, investors in Lancer Group sued hedge fund administrator Citco for allegedly knowingly disseminating "misleading" Net Asset Value (NAV) statements.

Wells Fargo has banking services throughout the world, with offices in Hong Kong, London, Dubai, Singapore, Tokyo, and Toronto. They operate back-offices in India and the Philippines with more than 20,000 staff. In 2010, hedge fund administrator Citco purchased the trust company operation of Wells Fargo in the Cayman Islands.

Since 2001, financial services in the British Virgin Islands have been regulated by the independent Financial Services Commission. Citco, also known as the Citgo Group of Companies and the Curaçao International Trust Co., is a privately owned global hedge fund administrator headquartered in the British Virgin Islands, founded in 1948.Halah Touryalai (April 6, 2011). "Protection Racket," Forbes.

On June 13, 2018, the #TorontoStrong's volunteer steering committee announced the appointment of former Toronto mayor Barbara Hall as fund administrator. She was tasked with distributing the money raised for the victims and survivors. By December 2018, over $4 million from the fund had been distributed to victims and families of both the van attack and the Danforth shooting.

With the likelihood of setting up an exchange office. According to Business Standard (Boost for AIF biz at Gift city as top fund administrator gets license) OPS Fund Services, a subsidiary of OPS Global, Singapore, which is a strategic partner of Basiz Fund Services, received the license to set up shop in International Financial Service Centre at Gujarat International Fin-Tec City (GIFT).

The new table of organization employees took a new oath of office on July 16, 2009, which results in the formation of a new TransCo. In November 2012, ERC named TransCo as fit-allowance fund administrator and was given an added role in renewable energy sector. On March 24, 2017, TransCo receives its ISO certification for Quality Management System from TÜV Rheinland.TransCo's Milestones section.

"Protection Racket," Forbes. It is the world's largest hedge fund administrator, managing over $1 trillion in assets under administration. Although the British Virgin Islands (BVI) are under the British flag, it uses the US dollar as its official currency due to its proximity to and frequent trade with the US Virgin Islands and Puerto Rico. The island is home to many offshore companies that do business worldwide.

Healthcare in Panama is provided through a system through the government and a private sector. The public sector is funded through the Ministerio de Salud, (MINSA) and the Social Security Fund (Caja de Seguro Social), which operate separate facilities. The Caja de Seguro Social is both a health care provider and a pension fund administrator. It is funded by contributions from employers and employees.

The fund administrator of Rest is currently Australian Administration Services (AAS), a superannuation administration company based in Rhodes, New South Wales. AAS is part of the Link Group of companies. Rest has worked with AAS since 1992. The contract is a continuation of the 20-year relationship between the two organisations and will see AAS continue to supply Rest and its almost 2 million members with full administrative and call-centre services.

Premium Pension Limited (PPL) is a leading Pension Fund Administrator (PFA) in Nigeria. They provide a range of Pension products and services to a client base in over 10 states of Nigeria. Premium Pension Limited is licensed by the National Pension Commission in December, 2005 under the new Pension Reform Act, 2004. The Company took off in 2005 with an initial share capital of N500 million but has grown to a total shareholders’ funds of N1.3 billion.

This means that fund directors do not have any authority to direct the affairs of the service providers to the fund other than under the contractual responsibilities outlined in the service agreement. Day-to-day managerial responsibilities are typically delegated to the investment manager and fund administrator. Compared to large corporations, hedge funds are relatively homogenous, and the duties of their directors are relatively limited and standardized. These factors should reduce the required time investment and increase the scalability of the director's human capital such that it can be employed efficiently across many funds.

The Bank of Montreal building The Bank of Montreal Building (BMO building) is located near the waterfront, and was home to the Bank of Montreal in Halifax, Nova Scotia, Canada before it moved to the new Halifax Convention Centre in December 2017. The office tower stands at 73 meters with 18 floors. The building is located on 5151 George Street in the core of Downtown Halifax. Citco Fund Services, a hedge fund administrator, occupies the 2nd, 3rd, 4th, 7th, 8th, and 17th floors, making them the primary occupants of the building.

The London Pensions Fund Authority (LPFA) is a leading local government pension fund fund administrator. It was formed in 1989 to fill the gap left by the 1986 dissolution of the Greater London Council (GLC) in administering that body's Pension Fund. It has taken on residual responsibilities for the employees of several other defunct organisations, including the Inner London Education Authority (ILEA) and the London Residuary Body (LRB). In 2016 LPFA created the Local Pensions Partnership (LPP) in collaboration with Lancashire County Pension Fund to pool resources and improve management for the benefit of their members and employers.

Fairfield Greenwich was a defendant in a class action seeking to recoup losses resulting from Fairfield Greenwich funds' investments with Bernard L. Madoff Investment Securities. The class action was a result of the consolidation of multiple cases filed in federal and state court against Fairfield Greenwich. On September 29, 2009, a second amended consolidated complaint was filed. The complaint also named as defendants the placement agent for the funds; Citco, the fund administrator and sub-custodian of the funds which calculated the net asset value (NAV) of the funds; and PricewaterhouseCoopers, the auditor of the funds.

AFP Provida or Administradora de Fondos de Pensiones Provida (English: Pension Fund Administrator Provida) is the pension fund manager leader in the Chilean Pension Fund. It was founded in 1981 under the eaves of Decree Law 3.500 in Chile launched a modern private pension system with the growing 59 branches nationwide,Branch replicated in 10 years in Latin America countries (such as Mexico, Ecuador and Dominican Republic) and also in Eastern Europe. In 1999, AFP Provida was purchased by Spanish financial group BBVA with a whole sale of $1.54 billion.Acquirement In 2013, MetLife purchased BBVA's 64.3% stake in AFP Provida for approximately $1.54 billion.

The complaint alleged fraud, violations of Rule 10b-5, violations of Section 20(a), negligent misrepresentation, gross negligence, breach of fiduciary duty, third-party beneficiary breach of contract, constructive trust, mutual mistake, negligence, negligent misrepresentation, aiding and abetting breach of fiduciary duty, aiding and abetting fraud, and unjust enrichment. In the case of Anwar v. Fairfield Greenwich (SDNY) relating to fund administrator liability for failure to handle its NAV-related obligations properly, the defendants settled in 2016 by paying the Anwar plaintiffs $235 million."Madoff Anwar case, with $235 million in settlement monies, finally comes to a close""The Citco Settlement And What Lies Ahead For PwC," Law360.

In February 2017, UBS Group AG and the Northern Trust Corporation, an American international financial services company, announced an agreement for the acquisition of UBS Asset Management's fund administration servicing units in Luxembourg and Switzerland. This acquisition will facilitate the expansion of the Northern Trust Corporation into these two countries, turning the American company into the major fund administrator in the local markets and into one of the ten global leaders in the sector. At the end of the transaction, completed in October 2017, the American company will administrate a total of CHF 420 billion in assets. UBS Asset Management will continue anyway to offer Management Company, White Labelling and Representative Services to its clients.

It is the world's largest hedge fund administrator, managing over $1 trillion in assets under administration. At the end of 2012 the banking sector of the British Virgin Islands comprised six commercial banks and one restricted bank, 12 authorised custodians, two licensed money services businesses and one licensed financing service provider. As such the British Virgin Islands is frequently labelled as a "tax haven" by campaigners and NGOs, and has been expressly named in anti-tax haven legislation in other countries on various occasions.See for example the Stop Tax Haven Abuse Act Successive governments in the British Virgin Islands have fought against the tax haven label, and made various commitments to tax exchange and recording beneficial ownership information of companies following the 2013 G8 summit.

The magazine was a registered student organization eligible for student activities funding, and requested some $6,000 to pay for printing the magazine. The fund administrator denied the funding, because the University classified Wide Awake magazine as a funding-ineligible religious activity, because it "promoted or manifested a particular belief in or about a deity or an ultimate reality." The editors appealed the denial to every pertinent administrator, and ultimately lost their case when the dean of students upheld the denial of student activities funds for the religious magazine Wide Awake. Having no further recourse in the University of Virginia, Wide Awake magazine and Rosenberger asked the legal help of the Center for Individual Rights, which filed a lawsuit against UVA, under 42 U.S.C. § 1983,.

To fund student organization activities, the University of Virginia (UVA) charges and collects from the student body a semestral "activities fee." Registered student organizations, including "student news, information, opinion, entertainment, or academic communications media groups," may use said funding to pay some of their expenses; the ineligible UVA student activities include "religious activities, philanthropic activities, political activities, activities that would jeopardize the University's tax-exempt status, those that involve payment of honoraria or similar fees, or social or entertainment-related expenses." Moreover, the UVA student activity funding policy defined "religious activity" as one that "primarily promotes or manifests a particular belief in or about a deity or an ultimate reality." The funds were disbursed via student organization requests for reimbursement of third-party expenses, paid by the student-activities-fund administrator.

As of , OneOrlando has raised $23 million, with a draft proposal to start payouts starting on a rolling basis in which the highest compensations will go to the families of the 49 people killed, followed by the 50 victims who were physically injured and hospitalized for one night or more. OneOrlando's fund administrator said that the draft has not decided whether to pay people who were held hostage but were not injured, and will take public feedback in two 90-minute hearings to be held on . A timeline of the draft proposal was released. On , its board of directors decided that the funds will only be dispersed to "the families of the dead, survivors who were hospitalized, survivors who sought outpatient medical treatment, and those who were present in the club when the shootings began but not physically injured", and that family members and survivors can start filing claims until the deadline.

The transaction was approved by the FCC on August 24, and was completed eight days later on September 1, 1995. Ellis was a longtime fan of his hometown's long- dominant ABC-affiliated station, WSB-TV, and styled his new broadcast group after that station, resulting in KSLA (one of four Ellis stations that initially adopted such logos, along with WMC-TV in Memphis and WECT in Wilmington, North Carolina) adopted a logo inspired by the design WSB had introduced in February of the previous year in November 1995, after it adopted a graphics package originally developed for WMC-TV. (Then-sister station WJTV in Jackson, Mississippi adopted a logo inspired by that of KSLA in early 1996; KSLA continues to use a modified version of the 1995 logo to this day.) On May 16, 1996, Ellis Communications announced it would sell its fifteen television and two radio stations and sports production/syndication firm Raycom Sports to Atlanta-based Ellis Acquisitions Inc. (founded by Boston-based M&A; lawyer Stephen Burr, with financing from Montgomery, Alabama-based pension fund administrator Retirement Systems of Alabama) in an all-cash deal worth $732 million; the Ellis Communications stations as well as subsequent purchases of television stations owned by AFLAC and Detroit-based Federal Enterprises Inc.